United Kingdom
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Finance and Insurance
KNOT Offshore Partners raising $50m via private placement
KNOT Offshore Partners has outlined plans to pocket $50m from a proposed private placement of preferred equity. The company is…
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Europe
Bibby Offshore lands another Shell contract
Bibby Offshore has been awarded a contract by Shell to provide engineering and subsea construction activities in the Gannet G…
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Europe
Exclusion zone in place around burnt bulker
Authorities in the UK will today decide what to do with the , a Maltese flagged bulker which suffered a…
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Americas
Block offshore Peru has potential to yield close to 900m barrels
UK-based and South America-focused Baron Oil has announced that a block it is a partner in offshore Peru potentially contains…
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Europe
Rolls-Royce to axe another 800 marine staff
Rolls-Royce is cutting another 800 jobs from its struggling marine business in a move it says will save the engine…
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Europe
Subsea 7 wins more Woodside work in Australia
Subsea 7 has been awarded a “sizeable” contract, valuing it between the $50-150m mark, by Woodside Energy for the Greater Western Flank Phase…
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Americas
BP commits to $9bn investment in phase two of Mad Dog field in Gulf of Mexico
BP announced on Thursday that it has given the thumbs up to invest $9bn in pressing on with the second…
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Europe
Shell buys Centrica stake in Trinidad & Tobago field
British gas and electricity supplier Centrica announced on Wednesday it has reached a deal to sell its gas fields offshore…
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Europe
DeepOcean wins Hornsea cable installation contract
Norwegian subsea firm DeepOcean has been awarded cable installation and trenching work by DONG Energy for its Hornsea Project One…
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Maritime CEO
Satcom Global: VSAT launch
British firm Satcom Global launched this week, Aura: a global VSAT solution offering customisable packages. Already live on a wide…
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Americas
Noble Corporation gets further contract extension from Hess
Noble Corporation has earned a further contract extension for one of its offshore drilling rigs in the Gulf of Mexico.…
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Europe
Tsakos takes BP aframax pair
Greece’s Tsakos has been revealed by brokers as the buyer of two BP aframaxes. The 114,000 dwt sisterships British Merlin…
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Europe
Gulf Marine Services secures new vessel contract
Offshore service provider Gulf Marine Services has announced that it has secured a new contract for one of its mid-size…
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Europe
Seadrill secures two drillship contracts
Seadrill has secured two new contracts for drilling services, according to the company’s latest fleet update report. Drillship West Saturn…
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Europe
Sirius Petroleum signs financing contract with COSL Drilling
Oil and gas exploration investment company Sirius Petroleum has announced that it has entered into a key vendor financed offshore…
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Europe
Rolls-Royce prepares further dramatic cuts to its marine division
Rolls-Royce Holdings is preparing to further slim down its marine side of the business, its ceo said yesterday. Warren East…
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Asia
V.Group acquires Selandia Ship Management
V.Group has announced the acquisition of Indian ship manager Selandia as part of its strategy to grow its offering to…
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Europe
Navig8 Product Tankers to raise $30m via rights issue
Navig8 Product Tankers has announced that it has launched an offer of 3m units, with a subscription price per unit…
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Asia
British fund eyes STX yards
Yonhap, South Korea’s official newswire, is reporting an unnamed British investment fund has submitted a letter of intent to a…
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Europe
Rolls-Royce and VTT team up to develop autonomous ships
The race to be top of the thought leadership chain when it comes to smart ships moved up a notch…
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